Oceanteam Shipping ASA announce that it has founded together with Grupo Diavaz a new shipping company named 'DOT Shipping'.

Oceanteam inform that DOT Shipping will focus on providing high-end vessel solutions for the Mexican market. Details of the transaction remain confidential and further details on DOT Shipping will be disclosed in due course.

About Oceanteam Shipping
Based in Norway, ASA 
Oceanteam Shipping ASA (Oslo Stock Exchange: OTS) is an offshore shipping company whose business is the owning, chartering and managing of Deepwater Offshore Construction Service and Pipe Lay Vessels. In addition it provides complementary engineering services consisting of both engineering & design services and equipment to support its clients.

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